Checking Accounts
POWERCHECKING. Checking that really pays. Really. A checking account that is powerful enough to offer you everyday Rewards, a primo rate*, access to thousands of shared branches and surcharge-free ATMS nationwide plus conveniences you just won’t believe. (click here to locate ATMs)
What makes POWERCHECKING so powerful?
- Earn Rewards points with your FREE VISA® Debit Card on every signature-based transaction and redeem for fabulous travel/merchandise awards
- FREE Identity theft resolution program
- More earning power with a high rate of interest and no credit union ATM fees**
- The first box of checks are FREE for new accounts upon request
- Convenience with FREE online banking, bill pay and access to your account & check reorder 24/7
Earning a primo rate is as easy as:
- Have direct deposit
- Enroll in E-statement with a valid E-mail address
- Have at least 10 checking transactions per month that include any combination of:
- Bill Pay
- Debit signature based transactions
- Automatic (ACH) withdrawals
- Automatic (ACH) deposits
- Credit union loan payments using online banking
ACH (Automatic Clearing House). A nationwide electronic funds transfer (EFT) network which enables participating financial institutions to distribute secure electronic credit (deposits) and debit (withdrawals) between individual accounts at financial institutions.
Basic Checking
With basic checking there are no fees and you can earn interest when you maintain an average daily balance of at least $5,000, plus unlimited FREE check writing and:
- FREE VISA® Debit Card with Rewards points
- FREE Online Banking and Bill Pay
- Access to your account & check reorder 24/7 via Online Banking
Earn Rewards Everyday!
With either checking account, you’ll get rewarded when you use your FREE VISA® Debit Card with Rewards points.
Your debit card works just like a check, and earns points like a credit card. With qualified purchases you can earn one rewards point for every two dollars spent on signature based transactions. When you make a purchase with your debit card where you have the choice of debit or credit, just select the "credit" option and sign the receipt.
Your Points can add Up Even Faster!
Best of all, you can combine your Debit Rewards points with your credit union Credit Card Rewards points. You can view your Debit Rewards points on your statement each month. Rewards points can be redeemed for a wide variety of valuable travel and merchandise awards. So the more you use your debit card, the more points you can earn.
Help is here when you need it most with IDSafeChoicesm
IDSafeChoice is an Identity Theft Recovery Program benefit provided to our members. This important program provides high-touch, personalized identity theft counseling and fully managed identity theft recovery from a professional Recovery Advocate. So should the unfortunate happen—someone steals your identity—this program will help you and bring peace of mind.
These Valuable Benefits Include:
- Assignment of an ID recovery advocate within 1 business day
- Overnight delivery of a Recovery Guide, including limited power of attorney form
- Recovery Plan activated by an assigned Recovery Advocate within 3 business days
- Provides fraud alerts to the three major credit bureaus, works with the FTC, Social Security Administration, US Postal Service, Department of Motor Vehicles, and local and federal law enforcement, among others, to completely restore the bank customer’s identity to pre-event status.
- Recovery Advocate has the additional resources of a fraud investigator and legal counsel to assess complex case
This program is free for POWERCHECKING account holders, but IDSafeChoice Identity Theft Recovery Program is also available to members without POWERCHECKING for $3.00 a month. Follow the link for "Recovery Program" to the right to enroll.
Help stop identity theft before it starts with IDSafeChoicesm Plus
Love what the Recovery Program offers, but want more ways to proactively monitor your credit? Members have the opportunity to purchase an upgraded version of this identity theft prevention program—IDSafeChoice Plus.
In addition to all the benefits that come with the IDSafeChoice Identity Theft Recovery Program, IDSafeChoice Plus includes:
- Annual Credit Reports and credit scores benchmarks credit annually, and provides guidance on what impacts a credit score – both positive and negative
- Continuous credit monitoring gives daily alerts that provide an early warning system that criminals may be trying to use the your name. Alerts warn of derogatory credit, new credit obtained, credit inquiries, change of address and other activity.
- Identity theft insurance up to $25,000*** in reimbursement for expenses incurred in recovering an identity, with NO deductible, including up to $6,250 per week in reimbursement for lost wages. It covers legal expenses, re-filing loans, notarizing affidavits, long distance calls, travel, etc.
- Education through Online Risk Quiz, Resource Library, and more
This program is available to members for $5.95 a month for individuals and $9.95 for the family plan. Follow the link for "IDSafeChoice Plus" to the right to enroll.
*The dividend rate and annual percentage yield (APY) may change at any time. Balances up to $25,000 will earn the stated higher rate and the portion of the balance over $25,000 will earn the lower stated rate. See monthly rate sheet or web site for current rates. Dividends paid monthly on average daily balance and dividends will be earned if account meets all of the following monthly requirements: Account must have direct deposit, enrolled in Online statement with a valid E-mail address plus complete a minimum of ten (10) checking transactions that include any combination of the following transactions: online bill pay, ACH withdrawal, ACH deposit, debit signature based transaction, online credit union loan payment (all other transfers between credit union accounts do not apply). Bill pay is defined as an ACH withdrawal. There is no minimum balance required to earn dividends. Accounts not meeting all monthly requirements will not earn interest and will be charged the applicable BCU ATM fee for each ATM transaction over five per month. Transactions apply toward the monthly requirements in the month they post to your account. You will not automatically be enrolled in online statements when opening this share type. You can enroll in online statements via the internet. POWERCECKING is only available as a personal account only.
**Although we will not charge a fee for these transactions, the financial institution that owns the ATM may charge you a fee at the time you make your transaction. A message should appear on the screen informing you of the fee before you make your transaction.
***Insurance underwritten by member companies of American International Group, Inc. The description herein is a summary only. It does not include all terms, conditions and exclusions of the policies described. Coverage not available to residents of New York and may not be available in other jurisdictions.
